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Making Black Lives Matter Initiative

By Christian Clansky on Nov 20, 2013 12:00 pm

HOUSING | Earlier this year, D.C. Mayor Vincent Gray announced a $100 million investment in affordable housing preservation and production in the District. At a press conference this morning, he added $87 million to that investment. The goal is now to create or preserve 3,200 housing units. City Paper’s Aaron Wiener reports on the details (CP, 11/20):

Gray’s announcement…includes news of two specific investments. One, spearheaded by the Department of Housing and Community Development, is Metro Village, a five-story, 150-unit mixed-income project near the Takoma Metro station. Of those units, 120 will be reserved for households making under 60 percent of the area median income; the other 30 will be market rate.

The second project is the Parkway Overlook, a sprawling ghost town of vacant apartments that used to house more than 1,000 low-income people south of Anacostia. The project, led by the D.C. Housing Finance Agency, will reportedly convert the complex into 180 units of affordable housing.